Michael Asare Email and Phone Number

Estate developments,Car servicesBakery : Specializes in cakes for all occasionsEntertainment Planner

- Prepares Annual and Quarterly Statement Entirely.- Files Annual and Quatterly Statement to NAIC.- Prepares Pages 2,3,4 and 5 and other related schedules.- Prepares entire Footnotes for corresponding companies- Reconciles all investment schedules to tie to Wings- Reconciles intercompany pooling and non pooling companies- Prepares Risk Based Capital for corresponding Companies- Reconciles Premium receivables from system base (Vantage, Point In, Point 8, Phoenix, WPC, FoxPro) to the General ledger.

Operations Accountant•Assisted in the creation, maintenance and enhancement of monthly agency financial and insurance bordereau reports, such as the collection, analysis and distribution of monthly inter-agency reporting. •Analyze Producers data for accuracy and adherence to managerial underwriting guidelines•Performed ITD reconciliations of all active and inactive producers.•Responsible for Voucher Entries, coding expenses to GL and supporting users on Concur Travel & Expense system.•Responsible for booking Employee Stop Loss monthly claims and premium bordereau.•Responsible for Agency’s weekly Employee Stop Loss claims payment, handling such task as:•Coding invoices into Computron.•Issuing checks and ACH Payments to claimants as required•Process MGU and other producers cash calls if necessary.•Reconcile monthly claims account.•Responsible for Phone and Blackberry distribution and reconciliation of AT&T bill.

I’m a Program Accountant with over 3 years of working experience in the Insurance Industry. Activities include Project Management, Systems Conversions, Preparing Underwriting Summaries on a program level basis and schedules for Annual Statement purposes (Schedule P, Schedule F and Page 15) Great communication and Team player.

Ensured timeliness of completed bank reconciliations within SOX guidelines for all Clarendon bank accounts including accounts payable, concentration, custodial and money market accounts. Downloaded bank statements from respective bank's websitePrepared adjusting journal entries on Oracle Accounting system & filed completed reconciliationsRan General Ledger balances for corresponding bank accountsServed as back up for cash management & a Custodian of bank account databaseOpened and closed bank accounts and prepared paperwork for the bank Monitored bank account activity and tracked inactive accountsAd hoc projects as mandated by AVP, Treasury including data exchange setup and posting rules in JPMorgan Chase Insight

Performed daily reconciliation of cash receipts, balance general ledger and trial balanceAnalyze monthly prepaid accruals and other related items Assist in preparing monthly cost and reporting for management and preparing monthly regulatory reporting schedule and journal entries

Provided support to clients based in the US and internationally, and researched problems reported by clientsLiaised with Account Managers to resolve client's issues and prepare service improvement plans, as well as liaised with development and plan problem fix release schedulesAssisted quality assurance department in preparing fix test plan and performed in house test when required